STEEL SCRAP WRAP: Global markets continue to move upward

The main global scrap markets continued to move higher in the week to Friday December 4, with most markets continuing regular purchases of material.

  • Turkish steel mills continue to pay higher prices
  • United States market remains subdued post-holiday
  • Vietnam reports higher prices
  • Taiwan market reports optimistic sentiment and tight supply
  • Indian market expresses uncertainty over higher prices

Turkish steel mills booked a total of four cargoes and achieved...


Cem Turken

Paul Lim

Carrie Bone

Amy Hinton

December 04, 2020

18:35 GMT

London, Mugla, Singapore